GBPCHF TURNING POINT APPEARED

GBPCHF TURNING POINT APPEARED
1.3742 is the key
This is the 0.618 level
and we can see price has tested it twice
in the recent downward movement
there is an AB=CD Move also completed
at 1.3742
Therefore, Long GBPCHF NOW @ 1.3825
SL 1.3725
Aim for a Very Big Reversal!
TP1: 1.4765
TP2:1.5565

i got out of this one this morning, simply because it looks like its still in downward wedge, and I'm British. The vote to exit the EU is in June this year and I can't see GBP going on a massive bullish rally until there is more certainty, even though the technicals might disagree!, expecting a huge rally on set off on GBP on 23 June, day of the vote